April 9, 2015: Markets opened higher on Thursday and the three major indexes spent most of the day bouncing around the breakeven line. Equity prices turned higher with about an hour left in the afternoon session. Oil prices gained back some of their 6% Wednesday loss, and natural gas prices fell more than 3% to a new 52-week low as demand fell short of supply last week. Shortly before the closing bell the DJIA traded up 0.30% for the day, the S&P 500 traded up 0.39%, and the Nasdaq Composite traded up 0.39%.
The DJIA stock posting the largest daily percentage gain ahead of the close Thursday was General Electric Co. (NYSE: GE) which traded up 2.84% at $25.72. The stock’s 52-week range is $23.41 to $27.53. Trading volume was about 15% above the daily average of around 36.6 million shares. The company is reportedly close to selling some $30 billion in real estate assets.
Johnson & Johnson (NYSE: JNJ) traded up 1.24% at $101.40. The stock’s 52-week range is $95.10 to $109.49. Trading volume was about 35% below the daily average of around 9.3 million shares. The company had no specific news today.
The Goldman Sachs Group Inc. (NYSE: GS) traded higher by 1.21% at $194.89. The stock’s 52-week range is $151.65 to $198.06. Trading volume was about 40% below the daily average of around 2.7 million shares. The company had no specific news today.
Pfizer Inc. (NYSE: PFE) traded up 1.04% at $35.00. The stock’s 52-week range is $27.51 to $35.45. Trading volume was about 30% below the daily average of around 30.5 million shares. The healthcare giant’s stock has added more than 10% to date in 2015, and the music could play on for some while longer.
Of the Dow 30 stocks 23 are set to close higher today and 7 are on track to close lower.